Company Moves News Oil & Gas

Angus appoints COO-executive director

Angus Energy plc has appointed Ross Pearson as chief operating officer and executive director, with immediate effect. Since October 2023, Mr Pearson has been director of wells and subsurface, with responsibility for the technical team, capital budget, drilling and workover programmes, and M&A evaluation. He was previously technical director and executive committee member at IGas […]

News Oil & Gas

Sunda applies for Taranaki offshore exploration permit

Sunda Energy plc has applied for a new petroleum exploration permit for the Taranaki Basin’s offshore area, containing the Awakino gas condensate field, on the west coast of New Zealand’s North Island. AWAKINO The permit, covering  645 km2, marks the start of the company’s “wider growth strategy” in the country, focusing on gas exploration, development and production […]

Finance News Oil & Gas

Angus resumes trading

Angus Energy plc today resumed trading, after 14 months’ suspension from the London Stock Exchange. DEBT Trading suspended on 19 May 2025 while the company secured an agreement on its financial restructuring and debt repayment, notably £20 million owed to Trafigura. Publication of a document was also pending in relation to a non-binding agreement to […]